50,000% APY, This is the way.
Hybrid Finance will be paying out a fixed APY (Annual Percentage Yield) of 50,000 percent, meaning if you hold 1$ worth now, in a year you will hold $500 dollars worth! Impressive right? Well the answer to that is maybe, in the following article we will delve into APY’s and hopefully dispel a few misconceptions along with highlighting some underestimated secrets!
Annual Percentage Yield, a term we all hear everyday in Defi, due to elastic supply tokens it is now possible to ensure any APY you want, you can simply mint more and pay out any percentage you can dream up, however as we all learned with OlympusDAO forks, it’s no good if you have 100,000,000,% more tokens than you did yesterday if they aren't worth anything, in fact APY is only an useful metric if the token price is similar or greater than what you bought at, now yes, technically APY can recover any percentage loss given enough time, but that's not why we are in Defi, sure the bank will make me money but I don't want it when im 95 I want it now while I can still waste it properly. So for APY to mean anything we need to ensure the token value will be the same as when you bought.
Enter Hybrid, We believe that with a combination of high APY, so that your token holdings are growing rapidly and a positive token price, we can drastically outperform even bigger APY projects. We do this by re-distributing the funds that other projects use to pay their higher APY’s, we channel these funds into buybacks, these buybacks will be on such a large scale they will counter the inflation caused by constant minting, so the only way your tokens can decrease in value is the same as any token, if there is selling pressure and token value decreases naturally, there is no need to worry either we have an answer to this as well, more buybacks! It's that simple, since all of those paper hands that are dropping the chart are generously donating 15% to the RFV, those remaining diamond hands will benefit from those additional funds being used to increase the size of the buybacks.
We understand some people will never be able to avoid the allure of higher APY, and unfortunately we can't help them, sure we could offer you 200,000% APY the highest fixed apy in Defi, but you would get wrecked, the fees cannot counteract that level of inflation, it is simply not possible, so the token value in the long run would decrease faster than the APY could keep up with and ultimately the project would fail and you the investor would suffer the most. That is not Hybrid, with us, you will profit the most, you will profit safely, reliably and most importantly sustainably, all we ask is, look past the hype of all these projects, ourselves included, and see for yourself, who can you trust to make you money?
Once again thank you for taking the time to read our article, we look forward to speaking to you further in our discord!